@Jako8557 ALC nice little low-volume test off support. Wonder if it will get curious and go see what's under there at some point. Building lots of cause for a move either way.
Jako. There has been conversation on the charting thread about effort vs result that I kind kicked off by a post on how adding true range can help spot interesting behaviour. As it's really a Wyckoff/VSA concept I thought I'd write here if that's ok. I'd like to get your thoughts and others as well on how we might see how the three principles should work together. For instance, I particularly pay attention to the effort vs result as price comes into support or resistance in a range or after a massive move on high volume — keeping an eye out for bagholding, or ease of movement after rejecting a support. It can be very demanding looking for hidden meaning of every bar on every timescale in every chart, so don't really look at effort vs result in the middle of a range unless there's something like a hinge forming.
